Check Availability

6863 Merritt Ridge Way

6863 Merritt Ridge Way, Avon, IN 46123
House in Washington
Sold Apr 20, 2020
$190,000,000
$152,000,000 by Athene Annuity & Life Co
Mortgage Due Apr 20, 2050
Sold Feb 18, 2020
$180,000
Local assessors in Avon, IN have categorized 6863 Merritt Ridge Way as a residential type of property. The home was built in 2003 and is 21 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 5,227 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 6863 Merritt Ridge Way has a total of 2,230 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 380 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of materials that we aren't sure of. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 6863 Merritt Ridge Way sold most recently in Apr 14, 2020 for a total of $190,000,000. If you work out the math, that's approximately a cost of $85,201.79 per sqft. Before that, the property was also sold for $180,000 in Feb 6, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,826 in taxes each year. The initial year of tax delinquency occurred in 2020. 6863 Merritt Ridge Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $170,800. If we break it down further, the land itself was valued at $26,800. Improvements to the property, however, were assessed at a total of $144,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2005
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Other
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,230
  • Building Area: 2,230
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,230
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WOODLAND HEIGHTS
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WOODLAND HEIGHTS FINAL PLAT LOT 79 .12AC

Ownership

  • Current Owner : CONREX RESIDENTIAL PROPERTY GROUP 2016 0
  • Previous Owner : CONREX RESIDENTIAL PROPERTY GROUP 2016 L
  • Owner Before Previous Owner: ALCANTARA NERI
  • Owner Before Previous Owner 2: PERALTA EDDIE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Avon Community School Corporation
  • Census Tract: 210613

Geography

  • Account Number: 2321051E481017
  • District: 0012
  • Section: 10
  • Parcel: 32-10-10-481-017.000-031
  • Lot: 79
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.7535
  • Longitude: -86.4022

    Address

  • Full Address: 6863 Merritt Ridge Way
  • Address - House Number: 6863
  • Address - Street Name: Merritt Ridge
  • Address - Suffix Type: Way
  • State: IN
  • City Name: Avon
  • Carrier Code: R037
  • 4-Digit Zip Code: 9247
  • Zip Code: 46123

Valuation

    Tax

  • Total Area: 2,230
  • Tax Year: 2023
  • Tax Amount: $3,826
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 23:AVON

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 268,046
  • High Value: 313,336
  • Low Value: 222,756

    Open Liens

  • Total Open Liens: 1
  • First Open Lien Mortgage Lender: ATHENE ANNUITY & LIFE CO
  • First Open Lien Mortgage Recording Date: Apr 20, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $152,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Apr 20, 2050

    Market Valuation

  • Market Total Value: $170,800
  • Market Land Value: $26,800
  • Market Improvement Value: $144,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $170,800
  • Assessed Land Value: $26,800
  • Assessed Improvements Value: $144,000

    Sales

  • Current Sale Contract Date: Apr 14, 2020
  • Current Sale Recording Date: Apr 20, 2020
  • Current Sale Transaction ID: 11758214542
  • Current Sale Price: $190,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202009532
  • Previous Sale Recording Date: Feb 18, 2020
  • Previous Sale Contract Date: Feb 06, 2020
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATHENE ANNUITY & LIFE CO
  • First Mortgage Transaction Date: Apr 20, 2020
  • First Mortgage Loan Amount: $152,000,000
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Avon



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 6863 Merritt Ridge Way located in?
The 6863 Merritt Ridge Way is a house located in the neighborhood of Washington in Avon, Avon.
What is the average sales price for listings in 6863 Merritt Ridge Way?
The average sales price for units in 6863 Merritt Ridge Way is $0 currently.

Quantcast